Merit Financial Group LLC Lowers Stock Holdings in SPDR MSCI World StrategicFactors ETF $QWLD

Merit Financial Group LLC reduced its stake in SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) by 52.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,927 shares of the company’s stock after selling 5,414 shares during the quarter. Merit Financial Group LLC owned about 0.40% of SPDR MSCI World StrategicFactors ETF worth $692,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QWLD. Jane Street Group LLC boosted its stake in SPDR MSCI World StrategicFactors ETF by 656.2% in the 1st quarter. Jane Street Group LLC now owns 17,575 shares of the company’s stock worth $2,244,000 after purchasing an additional 15,251 shares in the last quarter. Prospera Financial Services Inc purchased a new position in SPDR MSCI World StrategicFactors ETF in the second quarter worth about $876,000. Thrivent Financial for Lutherans bought a new position in shares of SPDR MSCI World StrategicFactors ETF in the second quarter worth approximately $817,000. Stratos Wealth Partners LTD. lifted its stake in shares of SPDR MSCI World StrategicFactors ETF by 35.1% in the third quarter. Stratos Wealth Partners LTD. now owns 16,970 shares of the company’s stock worth $2,383,000 after buying an additional 4,410 shares in the last quarter. Finally, Thoroughbred Financial Services LLC grew its holdings in shares of SPDR MSCI World StrategicFactors ETF by 102.7% during the second quarter. Thoroughbred Financial Services LLC now owns 7,977 shares of the company’s stock valued at $1,075,000 after buying an additional 4,041 shares during the last quarter.

SPDR MSCI World StrategicFactors ETF Trading Down 0.3%

QWLD stock opened at $149.55 on Friday. The stock’s 50 day simple moving average is $146.07 and its 200 day simple moving average is $141.91. The stock has a market capitalization of $183.95 million, a PE ratio of 19.41 and a beta of 0.82. SPDR MSCI World StrategicFactors ETF has a 12-month low of $113.04 and a 12-month high of $150.75.

About SPDR MSCI World StrategicFactors ETF

The SPDR MSCI World StrategicFactors ETF (QWLD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality. QWLD was launched on Jun 4, 2014 and is managed by State Street.